Saudi Downtown Company - Downtown Mixed-Use Development

General Information
Owner Saudi Downtown Co.
Masterplan Project (Parent Profile)
Location Saudi Arabia
Status --
Sector Construction, Mixed-Use, Mixed-Use
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 0
Net Value $2000m
Award Date January 2025
Completion Date May 2028
Last Updated On August 2024
ProjectId (Old, New) 381310, 381310


Saudi Downtown Co (SDC) is planning to undertake a mixed-use development project in 12 cities throughout Saudi Arabia. The 12 cities include: Al-Madinah, Al-Khobar, Al-Ahsa, Buraidah, Najran, Jizan, Hail, Al-Baha, Arar, Taif, Dumat Al-Jandal, and Tabuk over 10 million sqm of land area.The project is the part of Kingdom's vision to provide a platform to enhance lifestyles and culture and heritage of 12 cities across the kingdom and to deliver unique and diverse opportunities in commercial, recreational and real estate areas.

This project is one of the initiatives included in the Saudi Giga Projects plan.

The US$6000 million project includes the following:

1. Construction of mixed development

2. Construction of business hubs

3. Construction of housing units

4. Infrastructure works

5. Construction of parking facilities

6. Construction of related facilities

Second Section

01 August 2024

Al Yamama amongst others has submitted the bids on the Downtown Madinah: Secondary Infrastructure.

18 July 2024

The main contract bid submission date has been extended from July 1, 2024 to July 22, 2024 on the Downtown Madinah: Secondary Infrastructure

15 May 2024

The design works are still progressing on the project.

14 December 2023

The design works are progressing on the project.

13 September 2023

The Ministry of Municipal, Rural Affairs and Housing and Downtown Saudi Company has signed a memorandum of understanding to develop planning and design standards for the company’s projects.

14 August 2023

The design works are progressing on the project.

23 May 2023

Egis Group is the lead design consultant on the Saudi Downtown Company - Downtown Mixed-Use Development in Al Baha, Hail, Jizan & Tabuk.

17 March 2023

Saudi AgTech RedSea has signed a memorandum of understanding with Saudi Downtown Company (SDC) to design, build and operate the greenhouses in 12 cities.

20 December 2022

The design works are progressing on the project.

02 November 2022

AECOM has been appointed as the design consultant for the project and design works are ongoing. Saudi Downtown Company (SDC) has invited companies to submit bids by mid-November to provide project management services on the project. (Source: MEED)

11 October 2022

The project is in study stage and Parsons Corporation is the Program Management Office (PMO) on the project.